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. how will president obama challenge republicans and seek common ground all at the same time? >>> and replacing the pope. with the holy father's sudden resignation, how do they pick the new one? soo good morning, i'm zoraida sambol sambolin. >> and i'm john berman with more breaking news just ahead. >>> north korea sending shock waves through the ground and around the world with its third test of an atomic test. this morning the white house is responding and allies in asia are calling emergency meetings as well. north korea's state-run news agency has announced, quote, they have success lil conducted a third underground nuclear test at a northern test site within that country. this after new york seismologists picked up a 5.1 earthquake in north crey a mile underground in the same area where they conducted two previous tests. the big question this morning how strong was the blast and how close is north korea to making a bomb that it can sell or launch. what does this mean for north korea's nuclear program? there are a lot of skeptics who say they do not have the capability to
-days away from when the sequestor will go into effect. president obama is heading out on the road sentencing in washington to try to reach a deal. kelly wright is live in washington bright and early this morning with more on that. good morning, kelly. >> hope you are doing well. the president is scheduled to travel tol new port news, virginia today to discuss how the seek quest trags might impact jobs. while he is taking it on the road to the american people republican leaders are asking the president to stay in washington and meet with congressional members. >> the president opposed this sequester. he is far more interested in holding campaign rallies than he is urging senate democrats to actually pass a plan. we will put it this way. we know there are smarter ways to cut spending and continue to grow our economy. that's why republicans have acted twice as kathy says to replace the is he queseek ques . >> he has no plans to meet with republican or democratic leaders this week. they are no loussiclose tore ge deal which would avoid sec questionsstration. president obama met with the nation's
scale. there's new pressure for president obama to retaliate against china after reports say the chinese army has been behind a series of cyber attacks on the u.s. the white house is reporting considering fines and other trade penalties. china denies any involvement, but hacking, those stories are big today. back to you, nicole, you're watching google the day after it it broke above 800, where is it? >> yeah, hey, well, let's talk about google, right? hey, i was checking on it, 8.07 was the high and new hundred level and he's he shouting his opening trades and you can see it above the 800 mark at 805, a good one. stuart: and it broke above 800 on our air as of this time yesterday. nicole, yahoo! what's with it, a new look or something, what's that? >> a new look and the stock is up about 1/2 a percent for yahoo! and that's one that we'll watch as the new look as well on their site. so, keep an eye on that one as well. when i think about google though, i have to double-check, but when that initial public offering happened, i think it was like $84 or something. stuart: yes. >> and it's at
's new concerted effort to make president obama withdraw the nomination of chuck hagel to be the next defense secretary. 15 republican senators signed a letter arguing it would be, quote, unprecedented, unprecedented for a secretary of defense to take office without a broad base of bipartisan support. let's bring in dana bash. she's working this story for us. the critics of chuck hagel, and there are many, they are not giving up? >> they are not. and that's really what this is about. this is about hagel's harshest critics to say that they are not happy. it's a big deal. they are saying, mr. president, please withdraw it. if you look at these faces, they are the most conservative members of the senate so it isn't surprising that they would be this aggressive on what has really become a partisan issue and they know what that what has happened in this recess -- the senate is in recession -- is that some of their fellow republicans have come out and said, we will allow this to go forward. so they know it's not technically going to be possible for them to stop it but the votes, they though
and now state of the union attendee. >> barack obama becomes the president in november again, i will either be dead or in jail by this time next year. >> reporter: remember that? nra board member ted nugent tonight sitting just feet away from victims of gun violence. >> these are all legal guns and i'm going to see they remain legal because they're all good. >>> and the cruise from hell. >> it's a big mess. there's no power, there's no toilets, there's no food. it's like a bunch of savages. >> reporter: a carnival cruise anything but for thousands of people stranded in the middle of the gulf of mexico this morning. "newsroom" starts now. good morning, thank you so much for being with me. i'm carol costello. it felt like an earthquake but this morning the truth is even more jolting. overnight north korea once again defied the world and detonated a nuclear bomb today, in rare solidarity world leaders are condemning that test and at this minute diplomats from the world's most powerful nations are meeting behind closed doors at the united nations. cnn's anna koren is in seoul, south
, michelle obama with a surprise appearance at the oscars. if you fell asleep, you missed it. was it bigger than blockbuster or just a bomb. >> plus, let's go "outfront." >>> and we begin tonight with new developments. cnn has just learned that governor chris christie, a key 2016 republican presidential hopeful, is not invited to the conservative political action conference in washington, d.c. next week. that's according to a source close to c-pac, and c-pack, if you haven't heard of it, is often considered a must-attend for anybody who wants to win the white house from the gop. senator marco rubio of florida, louisiana governor bobby jindal, former florida governor jeb bush, rand paul of kentucky, rick perry of texas, they're all already on the list. is this a snub for chris christie? this news breaking late this afternoon. how big of a snub is it the. >> it makes a lot of sense for cpac, because frankly, chris christie was not going to show up this year, so why bother asking him and then get snubbed by the governor himself? just do the snubbing yourself and say we don't want you here. it
. obama has not had to listen to people who see it differently. he had to listen to 25 minutes, the left is outraged, lecturing the president, and some have taken note. dr. ben carson should be be president. the tax the rich policy is shaky and obamacare is a disaster, but the debate on what to do, what's right to do about it is back on the front burner. "varney & company" is about to begin. did you know not all fiber is the same? citrucel is different- it's the only fiber for regularity that won't cause excess gas. it's gentle and clinically proven to help restore and maintain regularity. look for citrucel today. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> i've got to tell you this was a monday morning stunner. pope benedict announcing he will step down at the end of the month, the first time a pontiff has resigned in over half
the body was found. >> happening right now president obama is attending the national rare breakfast in washington dc, this morning. the president and first lady arrived an hour ago. here is a live look at what is going on right now. president obama is at the podium. let's listen. >> a journey to our capitol michelle and i are honored to be here. i hope people don't mind me taking a moment of personal privilege, i want to say a quick word about a close friend of mine and yours. >> this is the 61st annual gathering of religious community and political leaders sponsored by the evangelical fellowship foundation and held at the hilton international hotel providing a venue for the president to deliver the first major remarks for america's faith community since announcing his support for gay marriage last year. >> also new this morning, boeing is revealing more of the plans to compensate airlines affected by the grounding of the dream liner jet. an executive told reporters this morning in india compensation talks will not be
." >>> congress did it, congress can undo it. president obama is warning of dire consequences for all of us in lawmakers don't act quickly. we're talking about those forced budget cuts that take effect march 1st, slashing $85 billion from spending across the board this year. but with just ten days left, the consequences are backing more alarming. president obama outlined some of them today, told congress, let's make a deal while there is still some time. >> my door is open. i've put tough cuts and reforms on the table. i am willing to work with anybody to get this job done. none of us will get 100% of what we want. but nobody should want these cuts to go through because the last thing our families can afford right now is pain imposed unnecessarily by partisan recklessness and ideological rigid tea here in washington. visually, the president tried to make that point by having law enforcement officers standing behind him. many of them could lose their jobs. our joe johns is covering that with the different ways that the budget cuts could directly affect you. we also have renee marsh covering
of the united states, michelle obama. [applaus [applause] >> thank you, jack, and welcome to the white house, everyone. stuart: there you have it. thunderous applause the first lady making a surprise appearance. the first time a president or first lady appeared there. remember, hollywood has been a big backer of president obama and a big time producer and backer harvey weinstein reportedly set up the whole thing. please don't forget, hollywood gets hundreds of millions of dollars of subsidies from the feds. and one other oscar item for you this monday morning, the gift bags just for attending the oscars celebrities get free stuff. the irs says those gift bags are taxable. they are taxed heavily on this year $47,000 worth of gift bag goodies the tax is $20,000 plus, that will be federal and california taxes and the celebs have to pay even if they don't take the bags home. all right. this got a lot of play on "varney & company." those google glasses have the heads up display showing everything from text messages to the weather forecast right in front of your eyes, cool, maybe, but could they p
this morning, president obama giving in to congressional demands. he will release classified documents that explain the legal justification for drone strikes that kill u.s. terror suspects overseas. >>> and adding to the drama, john brennan, the president's pick to head the cia and the architect of the drone policy, he'll appear before the senate intelligence committee today. lots to talk about with barbara starr who's following all these developments for us this morning from the pentagon. barbara, good morning. >> reporter: good morning, soledad. all about spice and drones this morning, isn't it? well, this video has not yet been confirmed as the genuine article by the administration, the pentagon or the cia but it's getting a lot of attention. if you look at it, it's perhaps not so compelling itself, but there's plenty to try and figure out. let's get to that in a minute. but i want you first to listen to -- we translated some of the voice on the tape describing what you're looking at. have a listen. >> translator: this air craft has had many flights in countries around iran. in oper
were advanced and beyond what the democrats were able to do. the democrats under obama have caught up and far surpassed when republicans are able to do in terms of both gathering data, but then analyzing it and putting it to use, either to turn voters out, to discourage voters for the opposition from showing up, and in addition to that using social media as a way to harness support among the electorate in general. i think there are many areas here where republicans know they have to improve, but they've got to figure out how to do it, and what the chairman is doing both in visiting facebook, talking to technology experts in the bay area of northern california, and he'll be in washington state in seattle to talk about early voting in general. there, jon as you remember democrats are just a lot better right now at turning out voters for early voting. why that's so important, sometimes it's hard to convince somebody to show up on one day out of 365. but if you've got four weeks to work them over you can get them out to vote and end up with more voters. jon: success r- mark zuckerberg is
. they are very different. good morning, everyone. tonight president obama gives what is being called an aggressive state of the union address. it's been widely leaked. he will call for robust government involvement in the economy. more spending on education, infrastructure and green energy. pay for it with more taxes on the private sector and on the rich. the president says the government can rebuild the middle class. on capitol hill there will be numerous standing ovations, but 80% thinks that the opportunity for the next generation is disappearing. more than half think the economy will never fully recover and just as the president demands more spending, he reports waste and fraud in the program is put in place. there you have it. the great divide. that's perhaps the true state of the union. stay right there, "varney & company" is about to begin with dr. ben carson. >> all right. everybody, the headline of this morning is dr. ben carson, the man who lectured president obama at the national prayer breakfast last week. he joins us right now. dr. carson, you've taken a leadership role
have expert insight into the unfolding drama. >>> and president obama lays out his vision for the nation in the state of the union address. his big schal length? getting congress to act on gun violence. >> the families of newtown deserve a vote. the families of aurora deserve a vote. >> also this morning, the two gop responses. we'll dig into those as well. >> also new this morning, pope benedict xvi speaks out for the first time since his shocking resignation. what he told followers as they celebrate ash wednesday. >>> plus, 4,000 people on that stranded cruise ship slowly being pulled to shore at this very minute and it is frankly gross out there. we have the latest. >> wednesday, february 13th. a special edition of "starting point" begins right now. >>> welcome, everybody. you're watching "starting point." comi coming to you from the nation's capit capital. we have complete coverage from the president's state of the union address. first, the manhunt for an accused killer, christopher dorner. charred remains have been inside in that burned out cabin. with a suspect belie
the government and the economy? we're also looking into why president obama was completely unaware, supposedly, that several hundred illegal immigrants already have been freed because of the forced spending cuts? and i'll ask new york city mayor's michael bloomberg if he'll run for president in 2016. i'm wolf blitzer. you're in "the situation room." >> let's begin today with the rally on wall street. major gains that can affect your retirement savings and more. dow jones industrials completely erased a steep drop earlier in the week. let's go live to felicia taylor in new york. what happened, felicia? >> ben bernanke in his testimony in washington basically saying that we are going to see quantitative easing through 2016. that's what the market is focused on. yes, we've got better than expected numbers on manufacturing and home sales but when they heard that ben bernanke still believes we aren't going to see unemployment drop to 6.5% until 2016, that means stimulus measures are going to be in place and that's what wall street wants to hear. wo wolf? >> the 14,060, the market had collapsed in 2
insight on this. >> thank you. >>> we're in washington for the state of the union address and mr. obama sure sounded like a candidate last night and this morning president obama hits the road for the first of a campaign style trip to drum up support. 53% of americans had a positive reaction to the speech. 21% sbomewhat, 22% negative. >> reporter: president obama said last night deficit reduction is lone is not an economic plan. and you are right, certainly echoes of the campaign. he talked about everyone deserving a fair shot and investing in the middle class. talked a lot about that with investments in education, clean energy, and an increase in the m minimum wage. >> we can say with renewed confidence that the state of our union is stronger. >> reporter: in the first state of the union address of his second term, president oobama ae of new proposals, taking on everything from universal preschool education to preparing the aging infrastructure to addressing the threat of climate change. he urged congress to put partisan issues aside and stay focused on jump starting the lethargic econo
-- work for facebook and left in order to work for the barack obama campaign. that is something that was anything but short and was consistent with the kind of things chris hughes has been talking about which is trying to live a life would have a genuine impact, a direct positive impact on delighting hour the words that you have yours. less than a year ago, he purchased dominant control of a publication in the new republic that was also in failing health and has made a awful lot of dust and caused a lot of interest because he was not only publisher and editor-in-chief but he was actively engaged reshaping it and had career ambitions to make the new republic something that would be among the most influential and the most important idea magazine in the country. he is serious about high-quality journalism. that is the thing that he talks about again, but his focus is not just about digital technologies. he has taken this venerable institution and profession, journalism, and is looking at them informed by his deep knowledge of digital technology in the digital world, but also with a
to president obama's emotional call for restrictions on gun ownership. last night's cheers and even tears unintended consequences of government overreach. what's going on, chief -- our cnn national political correspondent jim acosta is here. you've been looking at the reaction since the speech. what's going on? >> wolf, this was a big moment last night. it may be moving votes. what was widely seen as an emotional high point, it may have also been a turn turning point in the debate over gun control. it was a moment carefully orchestrated for maximum emotional impact. as former congresswoman gabby giffords, the parents of slain teenager hideya pendleton and other victims of gun violence looked on, president obama called for a vote. >> they deserve a vote. gabby giffords deserves a vote. the families of newtown deserve a vote. the families of aurora deserve a vote. >> one day later there are indications on capitol hill that the president may get it. >> we don't need a cheer leader. >> even as mr. obama's top republican critics, senator lindsey graham made the case that the current background
doubled under president obama but should he take any credit for it. >>> landing in political trouble, legal troubles may be ahead. >>> if you're among the millions who watch the super bowl just for the commercials, we'll point out the controversial ones you won't want to miss. i'm wolf blitzer. you're in the situation room. today wall street reached a milestone we haven't seen in years. for the first time since 2007, the dow jones industrial average climbed above the 14,000 mark. the average has more than doubled since bottoming out at 6547, 6,547 just after president obama took office back in 2009. let's get quickly to alison kosik. she's at the new york stock exchange. it's just above 14,000, alison. >> it is. what's interesting, as we see the dow cross over 14 thourk for the first time in five years, believe it or not, not everybody thinks it's a big deal. some people say it's a nice round number that we like to talk about and others say, yes, it is a milestone after the economy pretty much fell to pieces. now this is a sign that things are finally come canning back. remember this
, policy, and theater. it's state of the union season in washington. today, president obama readies his state of the union message, a chance to lay out details of an aggressive second-term agenda. >> our economy grows when everybody is getting a fair shot and everybody getting a fair shake and everybody playing by the same rules. >> a prequel with republican senator rand paul of kentucky, the tea party response to the president. and then an independent voice in a partisan senate. >> the fifth amendment is pretty clear. no deprivation of life, liberty or property without due process of law. and we're depriving american citizens of their life when we target them with drone attacks. >> senator an gus king of maine and former bush and obama defense secretary robert gates with the case for drones and the future of u.s. troops in afghanistan. >> i strongly believe 3,000 is too little. and 30,000 is too many. >> then our political panel on the state of the union watching and the new chairman of the senate foreign relations committee. plus, the high price of a penny. i'm candy crowley. and this
and obama together in a room, only fed airline food for 5 -- a day. they will have a good plan. dagen: not even a day, four hours on that. katherine, final word. this week, the word from ben bernanke at least in the short run, the federal rereceiver -- preserves spending in place. isn't now a good time to cut? can the economy handle spending cuts austerity there, and then, also, the federal reserve removing that? i mean, can we handle it hand in hand or take higher interest rates to force something in dc? >> well, we have to recognize that the sequesteration cuts are narrow and do not provide a down payment on a path to fiscal stainability. the cuts are indiscriminate, and if anything, they undermind the capacity of the economy to grow in the long term underminding our capacity to work our way out of the dealt that we have, so, you know, this is the worst approach to coming to a sustainable path. it does nothing to deal with the medicare/medicaid situation, which, frankly, is the basic problem with the deficits and with our debt profile, so this does nothing to help us in the long ter
the pictures of president obama playing golf with tiger woods this weekend? neither did we. >> the media covering the president was shut out. the press corps complained. >> folks, there are a lot of holes in the story, specifically 18 of them. but i believe america deserves to know, who drove the cart? who rode shotgun? did the president hit from the ladies' tee? did he replace his divots? or did he send susan rice to cover them up? but folks, oh, yeah, yeah, you're just as upset as i am, i can tell. >> good morning, it's wednesday, february the 20th. with us on set here in new york city, msnbc contributor mike barnic barnicle, economic analyst steve rattner, former policy adviser to the bush administration, dan senor, "fortune's" assistant managing editor, leigh gallagher and editorial writer for "the washington post," msnbc contributor jonathan capehart. morning, everybody. >> morning. >> good morning. >> morning. >> joe and mika have the morning off. have we heard enough yet about the fight between the press and the white house over tiger woods? >> oh, stop it. just please, stop it. >
dress up like a mailman. >>> president obama bailed out the auto industry to save michigan. what about the city of detroit? does it deserve a federal bailout, too? it's billions of dollars in debt, losing its tax base and today detroit is one step closer to declaring bankruptcy which would make it the largest municipality, municipal bankruptcy in u.s. history. back to the idea of the federal government bailing out detroit. such a thing is not unprecedented. mark binelli from "rolling stone" points out "when new york teetered on the brink of bankruptcy in the 1970s it was famously told in the headline of the daily news to "drop dead" but president gerald r. ford changed his mind and dumped out $2.3 billion in 1975 in federal loans. that was a lot of money. mark binelli is author of "detroit city: the place to be, the afterlife of an american metropol metropolis" and in detroit mark wolf. tom i want to start with you, the reason we're doing the story is because the state of michigan says detroit is on the verge of collapse. help us understand what's happening now. >> what's happened over
be a threat? also in a few minutes u.s. senate expected to vote on chuck hagel president obama's controversial nominee for defense secretary. we'll bring to it live. more on what's going on in egypt right now. a holt air balloon carrying lots of tourists explodes and plummets to the ground. we're finding out how this could happen. we're going live to egypt. i'm wolf blitzer. you're in "the situation room." >>> we begin with the huge winter storm, the national weather service is now calling historic. cities like amarillo, texas, wichita, kansas have broken snowfall records. 45 million in 21 states are being affected one way or another. the storm is blamed for at least three deaths. look at this. it's even dangerous after the storm blows away. in kansas city, the heavy wet snow is causing roofs to collapse. nobody was hurt in this building. but the snow is also bringing down tree limbs on to power lines. in kansas city thousands of people are reported without power. george, what's going on? >> reporter: this is par for the course here in the midwest. this is the second time in a week that this r
their money on president obama when it comes to the cyber security war. dagen: another cold glass to our nation's heartland. connell: the tough decisions that need to be made when a company's brand is engulfed in scandal. dagen: it is the top of the hour. nicole: i am watching a market that really continues to sell off. there are concerns about whether or not the fed will hold the stimulus at any point. today you have accelerated selling. we are down about 57 points. the dollar remained to the upside. i am seeing most sectors lower. a lot of groups under. back to you. connell: the secretary of defense leon panetta is now warning that the pentagon is planning a partial virgo. dagen: to wait in "wall street journal" board member, jason riley. if you look at, it will only be about 45 billion discretionary mandatory cuts. >> we are talking about 7% in defense, 5% and domestic spending. the sequestration goes through, you know, the first responders will go away. cities will burn. border control, at this rate, illegal immigrants will raid this country. connell: you think it is basically no big
-- what motivates me. >> president obama will award the medal of honor to clint romesha on monday at the white house. he will also be honored at the pentagon on tuesday, after which he will come back here to minot, north dakota, and continue with his new job. meanwhile, the war in afghanistan continues. more than 60,000 american service members are right now in that country fighting that war. >>> i've come to gun country in one of the most popular stores in the state. i fired the most powerful we in america's arsenal and they're all legal. >> you're in america now and we have a special amendment right. this a is special edition. >> how has business been? >> right noi it's impossible to get guns and ammunition. >> this pattern has been seen all over america. why are people reacting by buying more guns and ammunition. >> i know my customers feel they will be banned. they need to get it now while they still can. >> what's the most popular? >> anything with over a ten round automatic. that's the rumor they will try to ban. >> do you think those are kind of things they should use in se
to connect to social sites. >> michelle obama and a mid-life crisis and what she is saying how she is handling it. but, first, a texas couple wanted to give their young son a brother or sister but they got four. four. whatall right that's a fifth-flr problem... ok. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. >> santa clara, san francisco, east bay, and all the bay area, this is abc7 news. >> live doppler 7 hd, are you ready for the wet weather? it has been a while since we had to deal with it. it is here in the storm of "scout" showers. the more organized wet weather is getting itself established to our north as we talked about. by 7:00, that will move into the north bay. ahead of that, it is mild in the mid-to-upper 40's and 51 right now in oak. we will have light showers through 7:00 and the heaviest showers from 7:00 to 1:00 o'clock and scattered sho
to reform entitlements. >> president obama is talking about the forced spending cuts later today in a shipyard in new port news, virginia. an estimated 40,000 civilian defense department jobs in the region could be furloughed if those cuts do come down. >> on pope benedict's final week as a member of the catholic church, a string of child sex abuse cases emerge. cardinal roger mahoney of los angeles will be part of the conclave despite damming new revelations about his handling of pedophile priests. then there was yesterday's stunning resignation of a uk leading catholic cleric, archbishop keith o'brien amid accusations of boys studying to be priests, a claim he denied despite stepping down. pep benedict's last day is thursday. he's the first pope to resign in some six centuries. >>> this year's cpac is giving new jersey governor a potential 2016 presidential contender chris christie the cold shoulder. a source close to the conservative political action conference, this is an annual meeting where republicans get together and talk about conservative issues, organizers did not invi
. the super bowl is suddenly a good sporting event. >> i know. >> to politics, president obama takes his push for new gun-control measures on the road to minneapolis today where he'll share ideas with law enforcement leaders on how to curb gun violence. this as nra's chief executive, wayne lapierre, continued his spirited defense of gun rights this weekend. speaking with fox news's chris wallace about that controversial nra ad that brought the president's children into the gun debate. >> the president's kids are safe, and we're all thankful for it. >> they also face a threat that most children do not face. >> tell that to the people of newtown. tell that -- >> you really think that the president's children are the same kind of target as every schoolchild in america? that's ridiculous and you know it, sir. >> you know, unfortunately, i think there are parents all over the school that -- all over the country that think their kids are entitled to the same amount of protection when they go to school. >> so they should have secret service? >> no, but what they should have is police officers or cer
this hour, big moment for chuck hagel, the man president obama would like to become the next secretary of defense. the senate armed forces committee holding a vote on hagel's nomination. and while it is likely he will be confirmed, several republicans, they're still putting up a fight. that happens this hour. >>> also, cereal and soda? pepsi introducing a new mountain dew drink for, dare i say, breakfast, calling it kick start. the company says it doesn't consider this an energy drink, even though, yes, it is packed with caffeine. why the new product? mountain dew says customers wanted an alternative to coffee and tea in the morning. >>> and tomorrow is ash wednesday, which means today is fat tuesday. okay, i tweeted this out. this is a colossal waste of time and can't stop watching it. you can watch this on one of the live cams. mardi gras in full swing. we have been hearing trumpets from this live web cam. this is bourbon street. it is new orleans' biggest tourist draw with more than 50 parades. mardi gras is the feast and celebration before lent, a time of fasting for catholics. >>>
for her next sunday. >> absolutely. we will. >>> president obama hit the links with tiger woods. nobody was really allowed to see it, though. there was a press blackout. we'll talk about that, straight ahead. watching "starting point." back in just a moment. [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. >>> welcome back to "starting point." minding your business. market is closed for president's day. the s & p 500, on a seven-week winning streak. up 10% over the past three months. that's good. solid start to 2013. a lot of important economic data. we'll get consumer and producer prices. >>> taking home less pay because the payroll tax break expired. now the dreaded sequester. a controller for the office of management and budget said that
into here in washington, president obama is doing an end around the national press today. he's taking questions from local tv stations, blaming congress for doing nothing to avoid these forced spending cuts scheduled to take effect in just nine days. so what kind of cuts is the president willing to take? jim acosta confronted the white house press secretary today with that question. jim is joining us now. how did it go? >> reporter: wolf, here we go again. the white house and congress move one day closer to the massive forced spending cuts that go into effect at the end of next week. and even though they both agree it's a problem, they are both busy blaming each other to fix it. the white house sounding the alarm. poor children will be tossed out of classrooms, health services will be slashed, border security will be compromised and the economy will take a hit if forced budgets cuts begin to happen on march 1st and the obama administration says republicans will be to blame. >> the pleas that the republicans are making are throw these people out of work. it's just -- it makes no sense.
Search Results 0 to 49 of about 113 (some duplicates have been removed)